Table 6
Banking System Credit to the Economy /1
(Naira Million)
End of Month
Aggregate
Credit to
the Economy
Credit to
Federal
Govt
Credit to
Private
Sector
Credit to
Credit to
Credit to
Central Bank Credit to
Deposit Money Banks Credit to
State &Local Non-Financial 'Other' Private
Federal
Private
Sector
State &Local Non-Financial 'Other' Private
Federal
Government
Private
Sector
State & Local 'Other'Private
Governments
Public
Sector
Government
Governments
Public
Sector
Governments
Sector
Enterprises
Enterprises
2013
January
February
March
April
May
June
July
August
September
October
November
December
Monthly Average
2014 /1
January
February
March
April
May
June
July
12,489,950.8 -2,502,762.4 14,992,713.2
12,808,673.4 -2,276,494.7 15,085,168.1
12,740,967.9 -2,520,968.2 15,261,936.1
13,205,410.9 -2,202,764.5 15,408,175.4
13,235,702.5 -2,249,527.4 15,485,229.9
13,149,382.5 -2,542,654.4 15,692,036.9
13,820,873.5 -1,975,740.9 15,796,614.4
13,187,680.0 -2,913,532.9 16,101,212.8
13,087,907.2 -3,191,362.4 16,279,269.6
13,627,297.3 -2,649,138.7 16,276,436.0
14,092,904.4 -2,358,883.3 16,451,787.7
14,535,204.7 -1,656,265.3 16,191,470.0
13,331,829.6 -2,420,007.9 15,751,837.5
680,685.4
649,633.7
662,014.3
690,871.3
652,143.0
661,034.9
723,398.1
724,922.2
704,921.5
708,413.3
732,202.6
779,126.9
697,447.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14,312,027.9 -3,538,254.0 4,698,428.5
14,435,534.4 -3,351,341.3 4,741,575.2
14,599,921.8 -3,375,852.3 4,754,751.8
14,717,304.1 -3,041,688.8 4,795,017.2
14,833,086.9 -3,022,021.9 4,687,396.6
15,031,002.0 -3,519,920.5 4,703,313.2
15,073,216.3 -2,854,748.1 4,651,415.6
15,376,290.6 -3,007,231.7 4,638,051.2
15,574,348.2 -2,990,577.3 4,820,183.7
15,568,022.7 -2,735,348.5 4,835,381.8
15,719,585.1 -2,606,418.5 4,829,926.2
15,388,764.8 -2,289,104.9 4,599,388.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4,698,428.5 1,035,491.6
4,741,575.2 1,074,846.5
10,294,284.7
10,343,592.9
10,507,184.3
10,613,158.2
10,797,833.4
10,988,723.7
11,145,198.8
11,463,161.6
11,459,085.9
11,441,054.3
11,621,861.5
11,592,081.7
11,022,268.4
680,685.4
649,633.7
662,014.3
690,871.3
652,143.0
661,034.9
723,398.1
724,922.2
704,921.5
708,413.3
732,202.6
779,126.9
697,447.3
9,613,599.3
9,693,959.2
9,845,170.0
9,922,286.9
10,145,690.3
10,327,688.8
10,421,800.7
10,738,239.4
10,754,164.4
10,732,640.9
10,889,658.9
10,812,954.7
10,324,821.1
4,754,751.8
4,795,017.2
4,687,396.6
4,703,313.2
4,651,415.6
4,638,051.2
4,820,183.7
4,835,381.8
4,829,926.2
4,575,810.0
4,727,604.2
854,884.1
838,924.3
772,494.5
977,266.1
879,007.2
93,698.8
-200,785.1
86,209.8
247,535.2
632,839.6
607,701.0
0.0
0.0
0.0
0.0
23,578.3
1,964.9
23,578.3
1,964.9
15,052,425.4 -3,027,709.0
4,729,569.1
15,585,742.8
15,681,565.8
15,895,639.5
15,837,848.6
15,763,644.0
-478,512.5 16,064,255.3
-712,493.7 16,394,059.5
-618,593.8 16,514,233.3
-938,408.4 16,776,257.0
-971,628.1 16,735,272.1
791,235.1
748,611.2
756,726.5
758,162.6
760,566.4
733,441.2
740,748.3
735,423.1
726,150.2
763,930.8
727,620.2
734,194.9
748,067.5
33,009.9
26,006.2
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
25,590.3
24,741.3
15,240,010.4 -1,103,713.9 4,611,683.9
15,619,442.2 -1,306,751.9 4,644,813.2
15,733,919.1 -1,281,773.9 4,635,983.4
15,994,506.7 -1,546,103.0 4,711,258.2
15,951,118.0 -1,854,662.8 4,701,546.1
16,224,986.9 -2,913,883.1 4,702,336.0
16,503,247.2 -2,877,803.5 4,695,207.2
16,656,040.3 -2,739,737.3 4,697,098.0
16,931,244.4 -2,579,437.6 4,697,821.7
17,081,929.1 -2,527,660.6 4,950,410.2
17,377,288.3 -2,562,867.5 4,884,003.6
17,396,161.5 -2,141,684.2 4,859,887.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
33,009.9
26,006.2
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
23,587.7
25,590.3
24,741.3
4,578,674.0
4,618,807.1
4,612,395.7
4,687,670.4
4,677,958.4
4,678,748.3
625,201.4
594,258.2
663,180.0
607,694.6
883,034.7
940,279.2
11,452,571.4
11,749,246.3
11,878,250.0
12,064,998.8
12,033,726.0
12,279,679.8
12,572,376.0
12,717,953.1
12,983,160.7
12,919,037.4
13,244,492.6
13,296,059.0
12,432,629.3
791,235.1
748,611.2
756,726.5
758,162.6
760,566.4
733,441.2
740,748.3
735,423.1
726,150.2
763,930.8
727,620.2
734,194.9
748,067.5
10,661,336.3
11,000,635.1
11,121,523.4
11,306,836.3
11,273,159.6
11,546,238.6
11,831,627.8
11,982,530.0
12,257,010.5
12,155,106.6
12,516,872.5
12,561,864.1
11,684,561.7
15,008,411.8 -1,973,603.9 16,982,015.7
15,602,434.4 -1,665,148.7 17,267,583.2
15,668,815.3 -1,746,235.8 17,415,051.1
16,095,936.3 -1,585,046.1 17,680,982.4
16,297,685.1 -1,571,762.5 17,869,447.6
16,380,290.6 -1,748,205.6 18,128,496.2
16,530,990.2 -1,624,956.5 18,155,946.7
15,862,417.0 -1,302,883.0 17,165,300.0
4,671,619.4 1,212,654.8
August
4,673,510.3
4,674,234.0
4,926,822.5
4,860,415.8
4,834,297.4
4,707,929.4
993,501.5
994,391.5
955,898.1
814,661.9
516,727.6
816,790.3
September
October
November
December
Monthly Average
2015
16,392,491.2 -2,119,673.3
4,732,670.8
January
February
March
April
May
June
July
August
September
October
November
December
Monthly Average
20,148,715.4 1,973,084.7 18,175,630.7
20,485,155.9 1,732,411.5 18,752,744.4
20,635,772.0 1,985,433.7 18,650,338.3
19,990,580.1 1,590,233.2 18,400,346.9
21,042,266.9 2,363,590.7 18,678,676.3
21,409,774.2 2,511,101.1 18,898,673.1
21,542,547.3 2,875,906.7 18,666,640.6
21,393,011.5 2,760,460.3 18,632,551.2
21,519,790.1 2,786,333.5 18,733,456.6
21,348,605.0 2,260,615.0 19,087,990.0
20,470,803.5 1,762,749.4 18,708,054.1
21,612,452.1 2,891,946.7 18,720,505.4
20,966,622.8 2,291,155.5 18,675,467.3
471,271.6
523,282.4
544,585.7
534,687.4
483,597.1
472,792.8
501,885.9
416,312.6
398,264.4
444,594.5
503,201.6
585,060.1
489,961.3
25,588.0
25,588.0
25,588.0
23,587.7
25,588.0
51,033.5
25,588.0
25,588.0
192,913.6
468,281.2
25,588.0
25,588.0
78,376.7
17,678,771.1 -1,737,093.9 4,859,710.4
18,203,873.9 -1,723,079.6 4,883,528.4
18,080,164.6 -1,563,080.2 4,918,937.3
17,842,071.7 -1,545,824.2 4,711,258.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
25,588.0
25,588.0
25,588.0
23,587.7
25,588.0
51,033.5
25,588.0
25,588.0
192,913.6
468,281.2
25,588.0
25,588.0
78,376.7
4,834,122.3 3,710,178.6
4,857,940.4 3,455,491.0
4,893,349.3 3,548,513.9
4,687,670.4 3,136,057.4
4,908,109.4 3,201,306.9
5,042,038.0 3,280,618.5
5,040,397.0 3,235,770.4
5,081,729.9 3,295,637.8
5,082,334.9 3,828,520.6
5,067,541.4 4,086,880.3
5,067,331.4 4,208,514.1
5,036,023.3 4,545,014.2
4,966,549.0 3,627,708.7
13,315,920.3
13,869,216.0
13,731,401.0
13,689,088.7
13,744,978.9
13,805,601.6
13,600,655.5
13,525,233.4
13,458,208.1
13,552,167.5
13,615,134.7
13,658,894.2
13,630,541.6
471,271.6
523,282.4
544,585.7
534,687.4
483,597.1
472,792.8
501,885.9
416,312.6
398,264.4
444,594.5
503,201.6
585,060.1
489,961.3
12,844,648.7
13,345,933.6
13,186,815.4
13,154,401.3
13,261,381.8
13,332,808.8
13,098,769.6
13,108,920.7
13,059,943.7
13,107,573.0
13,111,933.1
13,073,834.0
13,140,580.3
18,169,491.1
18,374,846.7
18,139,166.6
18,190,650.6
-837,716.2 4,933,697.4
-769,517.4 5,093,071.5
-359,863.7 5,065,985.1
-535,177.5 5,107,317.9
18,142,278.6 -1,042,187.1 5,275,248.5
18,175,114.4 -1,826,265.3 5,535,822.5
18,179,264.5 -2,445,764.7 5,092,919.4
18,109,857.3 -1,653,067.5 5,061,611.3
18,107,129.3 -1,336,553.1
5,044,925.7
Source: Central Bank of Nigeria
30